Infinia Corporation (Madrid, Spain), manufacturer of stirling cycle engines for concentrating solar power (CSP) systems, on September 25th, 2013, announced that the inability to obtain additional financing has forced the company to file a petition for Chapter 11 relief in the U.S. Bankruptcy Court in Utah to preserve the value of its business.
Infinia has a megawatt-scale project installed at Tooele Army Base in Utah and claims to have “nearly 200 megawatts of projects under development in the Mediterranean region.”
The Stirling engine was developed two centuries ago and is considered an external combustion engine. Stirling engines have a number of moving parts and do not have energy storage capabilities.
Despite the strong growth in the first half of 2013 with nearly 200 MW of CSP projects under development in the Mediterranean region and traction in North America with the ongoing installation of a 1.5 MW solar CSP project at Tooele Army Base in Utah, Infinia could not achieve full-scale operations rapidly enough to start generating positive cash flow.